$XRP

XRP is the native cryptocurrency of the XRP Ledger, a fast, low-cost blockchain designed for payments. It was created by Ripple Labs to enable instant cross-border transactions, allowing banks and financial institutions to settle payments in seconds with minimal fees. Unlike Bitcoin, XRP does not require mining, using a consensus protocol for transaction validation, making it energy-efficient. XRP has a fixed supply of 100 billion tokens, with a significant portion held by Ripple. It is used for liquidity, bridging different currencies, and facilitating remittances globally. XRP remains one of the top cryptocurrencies, with ongoing discussions about its regulatory status.